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CNN CNN News Central June 4, 2024 15:32:00

Middle income families is very noticeable. we have the chart up and the screen so people can see that wage growth is outpacing inflation, and as you noted, some surveys are beginning to show that consumers are beginning to feel good about the economy, and this is from a real low point where they felt lousy about it in poll after poll after poll, and when do you believe that inflation is not going to be the story? we had a period of when the pandemic was the story, and a period when the prices rose a great deal in a short time. so, i think that we need to see a sustained period of low inflation with wages growing as you showed in the graph and more rapidly than the inflation for people to feel good about their future prospects. as you mentioned, we are ....

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MSNBC All In With Chris Hayes June 4, 2024 01:15:00

No. but again, the way that it works is presidents take credit. and it is a fact that the democratic members of congress and the president signed legislation called the inflation reduction act, and if you look at the graph of inflation afterwards, it literally goes straight down. it does. and also, those deficit reduction wideman. for the national debt and the legislation. i remind that the rescue package, which was how to create so many jobs, and again support our state and local governments, many of whose jobs are union jobs, and many of which were women and minority union jobs, that s really important. and also, and the inflation reduction act, not one republican vote we. not one in the rescue package, and not one when the i.r.a.s. in the i.r.a., if you talk some aspects of it, and of course it was the biggest bill will ....

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